"What could they possibly teach me"? That is what I thought when Vernon and his team first walked through my door 7 years ago. Boy was I wrong. I had 27 years of experience in the pawn industry at that time and I felt like “what could he possibly teach me”. Since then, his team has [...]
You have met our team at the conventions. You have talked about us in the Pawn Chat rooms. You have discussed hiring us with each other. You have seen our Tuesday Business Tips of the weekand informative videos, and you have seen our testimonials where time and time again our clients tell us that they have never [...]
Over the years, this industry has changed a lot and because of that, is it safe to say that the old ways and the old teachings of a turn and burn style pawnbook that has been taught for so many years in this industry does not work anymore? We believe it is not only [...]
You may be wondering “Why do I even need a commission structure for my team,” or “What is the perfect one for my business model”? This is something that we believe very strongly in and that we want to address here today. In fact, we even talk about this in our Pawn Health Check because we [...]
When meeting with new pawnbrokers for the first time I get met with one of two initial reactions. The first one is “I don’t need a pawn consultant, because we are doing fine”. The second one is “I have hired one (or many) other pawn consultants in the past so I don’t need you”. Usually [...]
Should Your Pawnshop Need Funding or Line of Credit to Grow? “If a business is growing its loan balance & running its operation properly, should it need to borrow money to continue growth and achieve maximum profitability?” Dan Reynertson Every time we land a new client, we get asked 3 questions . The first question [...]
For more than 10 years we have grown accustomed to watching TV shows that glorify the pawn industry and how much money that could be made in that business. During this time frame, it seemed like everybody wanted to open a pawn shop or for those that were already owners, wanted to expand. Fast forward to [...]
